Lean hog futures shot over 90 cents per pound for the first time since 2014, a move that could hit backyard grillers in the gut going into the 4th of July weekend. Prices have more…
Wheat Springs to New High
Prices for wheat continued exploding higher this week, led by Minneapolis spring wheat, which hit a three-year high on Friday. The spring wheat crop is especially threatened by widespread drought in the northern Great Plains,…
Brazilian Steaks Banned
The USDA announced a ban of Brazilian beef on Thursday, a move that caused a flurry in the global meat markets. Brazil is one of the world’s largest beef and poultry exporters, but its beef…
Storm Cindy Dumps Rain
As Tropical Storm Cindy made landfall in Louisiana this week, citizens and market watchers braced for its impact. One big concern was that the storm could flood rice-growing areas of Louisiana, which sent prices to…